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Bullboard - Stock Discussion Forum Newmont Corporation NEM

Alternate Symbol(s):  T.NGT

Newmont Corporation is a gold company and a producer of copper, zinc, lead, and silver. The Company’s portfolio of assets and prospects is anchored in mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Its African operations include Ahafo and Akyem. Its Australian operations include Boddington, Cadia, Tanami and Telfer. Its Latin America... see more

NYSE:NEM - Post Discussion

Newmont Corporation > Dividend Disappointment
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Post by Frozengoldwaiti on Jul 27, 2022 12:44am

Dividend Disappointment

With Gold prices still running  relatively high  the divend is really low.

The management is very high paid for sure.

What is going to happen when the gold price is 1200?

If the are not making  profit now, they will be making none at slightly lower gold price or higher energy costs.

At below 4 %  annual return this  is not really an investment. 

If the market cap or share price was half of what it is now that dividend would be in the right area for a succesful mining corp.

Just wondering out load.

Still waiting
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